Africa Oil Corp. T.AOI

Alternate Symbol(s): AOIFF

Energy Oil & Gas E&P

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime); Impact Oil and Gas Limited (Impact); Africa Energy Corp. (Africa Energy), and Eco (Atlantic) Oil & Gas Limited (Eco). The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Block 3B/4B covers an area of approximately 17,581 square kilometers (km2) within the Orange Basin offshore of the Republic of South Africa. The Company has approximately 17% interest in Block 3B/4B.

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Africa Oil Corp. > Town Hall

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Comment by firstworldon Apr 16, 2024 4:37pm

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Post# 35992337

RE:RE:Town Hall

GripnRip wrote:

wasting shareholder $ on share buybacks will continue until morale improves

looking at many O&G deals, some so exciting mngmnt forgoes lunch at countryclub and comes right to office, sometimes even before lunch

with all this hard work going on, doubled option and RSU's to mngmnt

evaluating ending dividends

Dobt forget the $millions in undiscloswd corp loans to Csuite haha!!

Just sell it now and buy pump&dump VLE or 14 -17% divs ENCL and ENCC paying monthly.

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